Aggregate Demand and Supply and LRAS

This Aggregate Demand and Supply and LRAS video also includes:

Learn about the "most important graph in all of macroeconomics: aggregate demand and aggregate supply". Here, an economics instructor explains how wages, resource prices, and supply are all affected within shifting aggregate curves.

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CCSS: Adaptable
Instructional Ideas

  • Link to video on your website as a tool for learners to use for review, or as a way of summarizing other reading/notes on the subject
Classroom Considerations

  • Class members should understand the concept of full employment and shifting supply and demand graphs before beginning video
Pros

  • Reiterates concept of basic demand curve in order to illustrate aggregate demand
  • Main instructional points appear at bottom of screen throughout the video
Cons

  • None
Common Core